$1,000,000
 $5,678 est/mo Sourced by Back At You

3229 S University Drive,Fort Worth, TX 76109

Fort Worth, TX 76109

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Description

Currently Improved Property with a Duplex consisting of 2 Units 3 BR 2 Bath 1,110 sq ft each on a 6750 sq ft lot; 2nd Parcel and lot located at 3233 S University also with a Duplex for sale to be combined as a bundle so each duplex is priced at $1,000,000; Opportunity for investment and redevelopment for Multi-Family; This prime location provides an irreplaceable opportunity for investors looking to provide much-needed student housing next to a top-tier college campus. Property is situated just a couple of blocks from the prestigious Texas Christian University (TCU) Campus. Investment Considerations: · Rare entitlement advantage in a constrained housing submarket · Strong historical appreciation and rental demand · This submarket has demonstrated robust fundamentals, including a 92% increase in rental rates since 2021 and a 235% increase in price per square foot over the past decade. Don't miss your chance to own this remarkable student housing property in the bustling city of Fort Worth.

Details

MLS #20934125
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2004
Days On Site40
Listing Provided ByThe Michael Group Real Estate | Beth Elkassih

Features

ZoningCurrently in TCU Overlay C Distr
Acreage0.16

Interior

CoolingCentral Air
HeatingCentral, Electric

Exterior

Lot FeaturesInterior Lot

Utilities

UtilitiesAsphalt, City Sewer, City Water

Market Activity 76109

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Learn More About This Property

StateTX
CountyTarrant
CityFort Worth
Zip Code76109
AreaTarrant
Community NameWeatherford P R Addition
School DistrictFort Worth ISD
Elementary SchoolClayton Li
Listing VS Median (in Weatherford P R Addition)
Price:
$1,000,000
low | high
Med:
$0
On site:
40
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $750K - $1.25M
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3233 S Univer. Drive Property Photo 1
$1,000,000
3233 S Univer. Drive
Fort Worth, TX 76109
3233 S Univ. Drive Property Photo 1
$1,000,000
3233 S Univ. Drive
Fort Worth, TX 76109
3233 S University Drive Property Photo 1
$1,000,000
3233 S University Drive
Fort Worth, TX 76109
Listing Updated: May 16, 2025 at 8:33:30 AM PDT